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Jan 23, 2013
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. >>> republicans shifting strategy on the dealt ceiling. they have the votes to pass a short-term debt ceiling increase today. they will look for deep spending cuts later. it would suspend the debt limit to allow the u.s. to keep borrowing money to pay bills for three months. complicated but politically interesting. in exchange, calling on the senate to pass a budget by spring. >>> so lady fwgaga playing at t inaugural campaign bash for staffers and a special guest with her. tony bennett to sing a duet for "the lady is a tramp" sang they like so much. bennett also performed for several other presidents. >>> tough news for lady gaga. justin bieber passed her on twitter. justin bieber the most followed person on theet earth. approximate 33,300,000. >> i'm sure my daughters follow him. i will have to ask them. maybe i should follow him. >> 33,300,001 with soledad. >>> did beyonce lip sync. here is how it went on inauguration day. ♪ and the rocket's red glare the bombs bursting in air gave proof through the night that our flag was still there
. >>> republicans shifting strategy on the dealt ceiling. they have the votes to pass a short-term debt ceiling increase today. they will look for deep spending cuts later. it would suspend the debt limit to allow the u.s. to keep borrowing money to pay bills for three months. complicated but politically interesting. in exchange, calling on the senate to pass a budget by spring. >>> so lady fwgaga playing at t inaugural campaign bash for staffers and a special guest with her....
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Jan 21, 2013
01/13
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i was kind of pleased to see that the republicans offered a new idea with the debt ceiling a few days ago. that's good. in the last week or so we have seen some changes on the republican side on immigration. a more -- more of an understanding for the need for an immigration policy. the country is becoming more and more diverse and minority. this is good. only in the united states could we handle this kind of diversity and we should be proud of it and we should educate the young people and give those who are not here under legal status an opportunity to gain some kind of legal status. that's what the legal immigration should be all about. and also, climate and gun control and all the other things that are before him. >> how did he get washington off the dime here? what's the first thing? >> one of the things that has gotten so much attention, he doesn't get along with come, doesn't spend enough time with them. i know he's thinking about that. i hope he does reach out more than he has in the first four years and i hope congress is ready to reciprocate. they can't defeat him in the elect
i was kind of pleased to see that the republicans offered a new idea with the debt ceiling a few days ago. that's good. in the last week or so we have seen some changes on the republican side on immigration. a more -- more of an understanding for the need for an immigration policy. the country is becoming more and more diverse and minority. this is good. only in the united states could we handle this kind of diversity and we should be proud of it and we should educate the young people and give...
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Jan 22, 2013
01/13
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of the debt ceiling. joining us to talk about the debt fight in congress, jeffrey solomon, ceo of cowan and company. he's making his way to the "squawk" set. what we call a perp walk, no guy that runs a big wall street needs a perp walk, do they? >> squawk walk. >> kind of like walk like a duck. >> all right. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. >>> welcome back to "squawk box." joining us now on set to talk equity market structure, and the debt ceiling. jeff solomon cowen & company ceo. let's start with, i'm intrigued now. equity market structure. what are you going to talk about now? how do you want to talk about that? >> well, i think, i mean, we've been talking for a little over a couple of years about how crazy the equity market struc
of the debt ceiling. joining us to talk about the debt fight in congress, jeffrey solomon, ceo of cowan and company. he's making his way to the "squawk" set. what we call a perp walk, no guy that runs a big wall street needs a perp walk, do they? >> squawk walk. >> kind of like walk like a duck. >> all right. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced...
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Jan 23, 2013
01/13
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house republicans could soon pass a bill that extends america's debt ceiling but it has a big catch. what it is and why it could take a bite out of lawmakers' wallets. golf star phil michelson says higher taxes might force him to move out of the golden state. where he could land and why he's hardly alone. [ male announcer ] in blind taste tests, even ragu users chose prego. prego?! but i've been buying ragu for years. [ thinking ] i wonderhat other questionable choices i've made? [ club scene music ] [ sigh of relief ] [ male announcer ] choose taste. choose prego. your doctor will say get smart about your weight. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. to volunteer to help those in need. when a twinge of back pain surprises him. morning starts in high spirits, but there's a growing pain in his lower back. as lin grow longer, his pain continues to linger. but after a long day of helping others, he
house republicans could soon pass a bill that extends america's debt ceiling but it has a big catch. what it is and why it could take a bite out of lawmakers' wallets. golf star phil michelson says higher taxes might force him to move out of the golden state. where he could land and why he's hardly alone. [ male announcer ] in blind taste tests, even ragu users chose prego. prego?! but i've been buying ragu for years. [ thinking ] i wonderhat other questionable choices i've made? [ club scene...
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Jan 22, 2013
01/13
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are going to take tomorrow to raise the debt ceiling temporarily for three months. and what he informed his caucus about, just in the last hour and a half, is that they are going to write a budget that tries to balance the budget in ten years. that is going to mean massive cuts across the board from the perspective of republicans, but that's how he hopes to get conservatives to agree to raise the debt ceiling temporarily. >> he's got his own problems, as well as speaker. not an easy job. we'll stand by to hear what he says. dana, thank. so what exactly did the president say that raised so much republican ire? kate balduan is here. she's got more on this part of the story. >> yeah, wolf, as you and i know, he used some pretty broad strokes in his inaugural speech to paint a blueprint on major issues he hopes to focus on facing the country. all controversial in trying to get republicans on board. cnn's chief white house correspondent, jessica yellin, is here with more details. jessica, what's the latest on the president's second-term agenda. >> reporter: hi, kate. cle
are going to take tomorrow to raise the debt ceiling temporarily for three months. and what he informed his caucus about, just in the last hour and a half, is that they are going to write a budget that tries to balance the budget in ten years. that is going to mean massive cuts across the board from the perspective of republicans, but that's how he hopes to get conservatives to agree to raise the debt ceiling temporarily. >> he's got his own problems, as well as speaker. not an easy job....
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Jan 17, 2013
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you know, the democrats are starting to say if you go over the debt ceiling, you hit it, calamitous. and you have other words from damaging to manageable, republicans saying we can do this for awhile and it will be okay. i want to look at specific issues here. democrats say any missed government payment is a default. republicans say, no, only when you don't pay the interest on the debt. how about on the issue of can the government prioritize payments so that the incoming cash equals the outgoing cash? really the republicans -- i'm sorry, democrats saying no authority to do this and really no ability to program our computer system to do that. republicans saying you know what? the government can pay just the interest, social security and defense spending meaning military salaries. markets, of course, democrats say they're going to demand higher wage because of this. republicans will suggesting they'll overlook this gridlock. finally on the economy, a lot of folks saying it would cause a depression. republicans say, there are temporary effects here. now, okay, so let's do this. could yo
you know, the democrats are starting to say if you go over the debt ceiling, you hit it, calamitous. and you have other words from damaging to manageable, republicans saying we can do this for awhile and it will be okay. i want to look at specific issues here. democrats say any missed government payment is a default. republicans say, no, only when you don't pay the interest on the debt. how about on the issue of can the government prioritize payments so that the incoming cash equals the...
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Jan 19, 2013
01/13
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house republicans now offering up a potential path forward on the debt ceiling standoff, but a new fox news poll out this morning says that americans in general want the spending to stop and this was sort of the argument from republicans going forward, which was, we're going to try to tie the debt ceiling to spending cuts and the president says i was not going to negotiate on that. the debt ceiling is something you guys have voted on, already put all of these bills out there. we need to pay for the bills now. >> tucker: here is what the public says accord to go a fox news poll. 69% want the debt limit raised only after major cuts to federal spending, while 22% say, yes, raise that debt limit, it's reckless not to. the problem is that spending, this is not a figment of anyone's imagination, not a talking point. it's a math question to anyone with google and a handout calculator. the debt is out of control. 16.4, but keep in mind that's an official made up, that's washington accounting, that does not take into account any of the liabilities attached to entitlement spending, so we've prom
house republicans now offering up a potential path forward on the debt ceiling standoff, but a new fox news poll out this morning says that americans in general want the spending to stop and this was sort of the argument from republicans going forward, which was, we're going to try to tie the debt ceiling to spending cuts and the president says i was not going to negotiate on that. the debt ceiling is something you guys have voted on, already put all of these bills out there. we need to pay for...
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Jan 15, 2013
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now, fitch predicts washington will extend the debt ceiling despite the current war of words between president obama and republicans in congress. what happens if we get downgraded? it happened before. remember 2011, when standard & poor's did it. that hit markets and the wider economy hard, but it didn't cause interest rates to increase. this time could be different, however, because the rest of the world is getting its act together. even successful businesses like ford are worried. here's what ceo alan mulally told me today. >> i think the most important thing to your point is that we come together around a solution that allows us to live within our means, to reduce our budget deficits, and also to deal with our trade deficits, and create an environment where the businesses can grow in the united states. the most important thing is we come together with a comprehensive solution, not just working one piece or the other, but a comprehensive solution where we can start to grow the economy again for everybody. >> but the order in which we do things matters. first, raise the debt ceiling
now, fitch predicts washington will extend the debt ceiling despite the current war of words between president obama and republicans in congress. what happens if we get downgraded? it happened before. remember 2011, when standard & poor's did it. that hit markets and the wider economy hard, but it didn't cause interest rates to increase. this time could be different, however, because the rest of the world is getting its act together. even successful businesses like ford are worried. here's...
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Jan 23, 2013
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. >> house republicans have it seems backed off their demand that any increase in the debt ceiling be matched by spending cuts. is this seen as a political retreat or are they hoping to gain something in return? >> reporter: well, both sides are kind of gloating here and claiming victory. we had a press conference from senate democrats who said this was a victory, the house is now setting a precedent. they're stepping away from the idea that raising the debt ceiling must be accompanied by spending cuts. they're decoupling that which is what the white house and democrats argue what should be done. people on the house side says this forces the hand of the senate. each side is trying to spin this as a victory. certainly the thinking is that at least one of the things that the president said he wanted to do, which is set aside the rest of these fiscal debates and break them apart in the idea of raising the debt ceiling. depends who you ask, martin. >> after the debt ceiling, dairy ask what's sneks is there another potential crisis waiting in the wings? >> reporter: it seems like there's a
. >> house republicans have it seems backed off their demand that any increase in the debt ceiling be matched by spending cuts. is this seen as a political retreat or are they hoping to gain something in return? >> reporter: well, both sides are kind of gloating here and claiming victory. we had a press conference from senate democrats who said this was a victory, the house is now setting a precedent. they're stepping away from the idea that raising the debt ceiling must be...
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at some point, it becomes more reckless to continue raising the debt ceiling without having democrats come forth with a budget and the president of the united states coming forward with a plan to save medicare, medicaid and social security. we had irs skin bow er sk erskine bowles on. and steve rattner agrees and good democrats agree medicare and medicaid are going to bankrupt us. this president is doing absolutely nothing at all! nothing at all to save us from the debt crisis. >> in fairness, that's two separate conversation, the debt ceiling versus how we balance the two programs, i should say create reforms there so we can create new savings. you know as well as i do, the debt ceiling, they ran these bills up a long time ago. whether they should have or not and whether the president should be more responsible in this conversation, i would agree with you. to reduce the debt ceiling, we talked to businesses outside of new york, if we don't raise the debt ceiling, it's a potential, reality for wrecking -- >> that's the wrong time. >> the debt ceiling is the wrong time to do it. >> say
at some point, it becomes more reckless to continue raising the debt ceiling without having democrats come forth with a budget and the president of the united states coming forward with a plan to save medicare, medicaid and social security. we had irs skin bow er sk erskine bowles on. and steve rattner agrees and good democrats agree medicare and medicaid are going to bankrupt us. this president is doing absolutely nothing at all! nothing at all to save us from the debt crisis. >> in...
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Jan 23, 2013
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the government is expanding so we have to raise the debt ceiling. it is costing more and more money so we have to raise the debt ceiling. there's no point where we've had a vote to lower the debt ceiling because that's ridiculous. you don't have to. it contracts naturally with expenditures. >> you pay the bill. the debt goes down. >> hal: the way it may be handled, as a matter of fact, at one point when our deficit has actually contracted which it has continued to do, as a matter of fact, there was a report done if it contracted faster, it would cause inflation. >> really? >> hal: yeah. so if you look at the arc of it it is going down at a faster rate than it's ever done after a situation like this. i think when we hit a major contraction point which would be below the debt ceiling which happens often, the president should come out and say the cost of government is actually below the cost of government six months ago. >> that would be nice. >> hal: it happens all the time but it never gets press. it only gets press when we boost these times. more of
the government is expanding so we have to raise the debt ceiling. it is costing more and more money so we have to raise the debt ceiling. there's no point where we've had a vote to lower the debt ceiling because that's ridiculous. you don't have to. it contracts naturally with expenditures. >> you pay the bill. the debt goes down. >> hal: the way it may be handled, as a matter of fact, at one point when our deficit has actually contracted which it has continued to do, as a matter of...
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Jan 16, 2013
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debt ceiling and what he says is a new challenge to the housing market. "squawk on the street" is coming right back. ♪ ♪ ♪ [ male announcer ] some day, your life will flash before your eyes. ♪ make it worth watching. ♪ the new 2013 lexus ls. an entirely new pursuit. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "
debt ceiling and what he says is a new challenge to the housing market. "squawk on the street" is coming right back. ♪ ♪ ♪ [ male announcer ] some day, your life will flash before your eyes. ♪ make it worth watching. ♪ the new 2013 lexus ls. an entirely new pursuit. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish...
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Jan 20, 2013
01/13
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he might actually embrace and that's some type of deal on not slamming-- or raising the debt ceiling, just the tone, jay carney saying he's encouraged and the republicans trying to beat a deadline and things might be different. >> sure, i don't think anyone in this town is under any illusion, and magically the republicans and democrats are coming together and solve all of these big problems and singing kumbayah. but there are a host of things where they want to come together and find some common ground and the debt ceiling might be one of them, but the republicans have some caveats to that and want to make sure that the senate democrats pass a budget. something they haven't done in the last four years and put some heat on the democrats right there. even as both sides are talking about coming together on some of this, there's going to be an edge to it as well. let's not forget the president is still dealing with high unemployment. and wants to focus on gun control, immigration reform and get those done in the second term and still got things left over from the first term. stubbornly h
he might actually embrace and that's some type of deal on not slamming-- or raising the debt ceiling, just the tone, jay carney saying he's encouraged and the republicans trying to beat a deadline and things might be different. >> sure, i don't think anyone in this town is under any illusion, and magically the republicans and democrats are coming together and solve all of these big problems and singing kumbayah. but there are a host of things where they want to come together and find some...
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Jan 23, 2013
01/13
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tulsa and gears up to vote on a temporary debt ceiling height. bad for the economy and jobs. >> i take it is a loser, again this is my opinion. republicans are trying to do cut stores medicare and these are automatic cuts that will happen. they do not want to look like they're trying to stop the economy from functioning. that one-stop social security. they're trying to refocus. >> what i love about this bill is that they're putting a provision in it that if they do not pass and then they will not get paid. >> they have not passed a bill of four years. we often make but as every year and they cannot begin a federal budget done. obama stated that he will get this done. maybe if they do not get paid that will get it done. >> wenner for to that would be the toyota prius hybrid it was the top-selling car in california. toyota is doing very well. toyotas and hondas seem to be the type of car that californians by. uy. the trades big three are hurting. they're not on the list. california tends to be a trend setter. they have more profits. and the reports
tulsa and gears up to vote on a temporary debt ceiling height. bad for the economy and jobs. >> i take it is a loser, again this is my opinion. republicans are trying to do cut stores medicare and these are automatic cuts that will happen. they do not want to look like they're trying to stop the economy from functioning. that one-stop social security. they're trying to refocus. >> what i love about this bill is that they're putting a provision in it that if they do not pass and then...
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Jan 22, 2013
01/13
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republicans ha been frustrated by the senate's failure to pass a budget the last four years. in his inaugural address yesterday some say the president set a not so conciliatory tone about the debt ceiling and other impasses with the gop-controlled house. >> we can not mistake absolutism for principle or substitute speckel for politics, or treat name-calling as reasoned debate. >> reporter: couple blocks away at a breakfast at a restaurant he told me this morning there has been no communication with the white over this debt ceiling bill that will be voted on in the house tomorrow, martha. martha: on the face of it, it appears if you're not doing your job you really shouldn't be paid for it. they haven't done the job when it comes to a budget for four years now. republicans do appear to be suspicious of this plan, why? >> reporter: democrats have been setting very strong signals they want more tax increases or at least revenue enhancements through closing loopholes and deductions. majority leader cantor responded to that yesterday. listen up. >> well, you know i fundamentally d
republicans ha been frustrated by the senate's failure to pass a budget the last four years. in his inaugural address yesterday some say the president set a not so conciliatory tone about the debt ceiling and other impasses with the gop-controlled house. >> we can not mistake absolutism for principle or substitute speckel for politics, or treat name-calling as reasoned debate. >> reporter: couple blocks away at a breakfast at a restaurant he told me this morning there has been no...
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Jan 23, 2013
01/13
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ceiling increase only with spending cuts attached. >> it's a concession by republicans that they were not going to be able to win a spending cut fight using the debt ceiling vote. >> reporter: the clock is ticking. the country will max out its credit card at $16.4 trillion in several weeks, risking possible default on the nation's debt unless congress okay's more borrowing. the house is considering a short-term fix. lift the debt ceiling for a few months to take the pressure off, but require both house and senate to pass a budget. if they fail, congress would not get paid. >> you can't go for months and months without a paycheck. and what this does is basically says that your pay gets escrowed, put on hold until you pass a budget. >> reporter: trying to turn up pressure on democrats in the senate, who have not passed a regular budget in four years, relying on this comparison. >> didn't exist the last time the senate passed a budget. >> the last time they passed a budget the ipad hadn't even been introduced. >> it is expected a block of conservatives probably will not support this. hou
ceiling increase only with spending cuts attached. >> it's a concession by republicans that they were not going to be able to win a spending cut fight using the debt ceiling vote. >> reporter: the clock is ticking. the country will max out its credit card at $16.4 trillion in several weeks, risking possible default on the nation's debt unless congress okay's more borrowing. the house is considering a short-term fix. lift the debt ceiling for a few months to take the pressure off,...
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Jan 16, 2013
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every cut -- every time there was a cut in spending, it was often tied to the debt ceiling negotiations. go back to 1985, to 1990, 1993, 1997, 2010. speaker pelosi, in 2010, with president obama, tied a pay-go provision. she did it. why is it so wrong that the republicans want to do that in the house, like speaker pelosi did? let's get responsible. but the president doesn't even remember two years ago when speaker pelosi did that. somebody has got to help this poor man understand recent and distant history before the rating agencies say, you know what? we used to think the rule of law was going to help the u.s. economy and help the federal government get around to taking care of its debts, but these guys don't even follow the rule of law anymore. and as far as what the economists say, yeah, but we have democratic dynamism. look what obama is doing to that. look at what overregulation is doing to that. the economy is hurting. the economy is waiting to take off if the president and the senate that is bogging down bills that would free up the economy to go -- if they would get out of the w
every cut -- every time there was a cut in spending, it was often tied to the debt ceiling negotiations. go back to 1985, to 1990, 1993, 1997, 2010. speaker pelosi, in 2010, with president obama, tied a pay-go provision. she did it. why is it so wrong that the republicans want to do that in the house, like speaker pelosi did? let's get responsible. but the president doesn't even remember two years ago when speaker pelosi did that. somebody has got to help this poor man understand recent and...
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Jan 22, 2013
01/13
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tomorrow, they're going to introduce their bill, vote on their bill to extend the debt ceiling for three months, give themselves a little running room, but this is a president who is going to be aggressive about his agenda. he didn't just talk over republicans, he went right after them, talking about takers, s saying that's not what social security and medicare are, a jab not only at mitt romney but paul ryan, who he will be dealing with. >> when you have a guy who has bullied you in the schoolyard for four years and you finally fight the bully and you beat them like he just did in this election, you're not as afraid of the bully as you was or at least cautious. i think they bullied this president. he went to the mat and re-elected with a wider margin than george bush and saying the bullying is over. we're either going to fight or work together. >> the problem is both sides feel like they were bullied over the past four years and they've got to figure out how to work together over the next four years. i want to talk about yesterday with you quickly and open it up. it struck me as a son o
tomorrow, they're going to introduce their bill, vote on their bill to extend the debt ceiling for three months, give themselves a little running room, but this is a president who is going to be aggressive about his agenda. he didn't just talk over republicans, he went right after them, talking about takers, s saying that's not what social security and medicare are, a jab not only at mitt romney but paul ryan, who he will be dealing with. >> when you have a guy who has bullied you in the...
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Jan 15, 2013
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a government shutdown is several orders of latitude less serious than a debt ceiling default. but, you know, behind the scenes appropriators have been working out their differences, and they could act quickly if leadership decided they didn't want to use that weapon to sort of pass the bill. >> l and finally, eric wasson, you report that the white house has sold paul ryan, the house budget chairman, that its budget will be late, missing the deadline. why? >> guest: that's right. already we're supposed to be starting the 2014 spending cycle, and the beginning of that is the submission of the president's budget which by law needs to appear on the first monday in february. and it's not going to do that. the acting budget director told paul ryan on friday in a letter that we spoke to a request from him that he will not make the deadline. there's no date given. there's rumors the thing could come in march or later which would give republicans a lot of fodder to sort of say the president's fiscally irresponsible. but the reason that's been given is the fiscal cliff deal delayed a lo
a government shutdown is several orders of latitude less serious than a debt ceiling default. but, you know, behind the scenes appropriators have been working out their differences, and they could act quickly if leadership decided they didn't want to use that weapon to sort of pass the bill. >> l and finally, eric wasson, you report that the white house has sold paul ryan, the house budget chairman, that its budget will be late, missing the deadline. why? >> guest: that's right....
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over the nation's credit card limit otherwise known as the debt ceiling. mr. obama says he's done with negotiating. >> republicans in congress have two choices here. they can act responsibly and pay america's bills or they can act irresponsibly and put america through another economic crisis. >> reporter: the president deflected a question about whether he would try to raise the debt limit without congress. are you considering a plan b? if not, why not? >> the issue here is whether or not america pays its bills. we are not a deadbeat nation. there are no magic tricks here. >> reporter: the president, though, was pessimistic when it comes to the idea of whether there's going to be a government shutdown. he acknowledged that house republicans may have the votes to do that. that's a fight he's hoping to have separate from the debt limit, matt. the question is whether he can actually make that happen with house republicans. >> chuck todd in washington on this. thanks, as always. >>> natalie morales is over at the news desk with a check of the day's top stories
over the nation's credit card limit otherwise known as the debt ceiling. mr. obama says he's done with negotiating. >> republicans in congress have two choices here. they can act responsibly and pay america's bills or they can act irresponsibly and put america through another economic crisis. >> reporter: the president deflected a question about whether he would try to raise the debt limit without congress. are you considering a plan b? if not, why not? >> the issue here is...
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Jan 21, 2013
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of course, the debt ceiling in that debate will be hanging over those hearings. john kerry coming in, nominee for secretary of state. as chris mentioned, hillary clinton will be testifying on capitol hill, both the house and senate leader on benghazi. a lot of lingering questions on now. finally coming you mentioned chuck hagel as well. a lot of questions for him and his stance towards iran and israel. he has already asked so many of those questions on the sidelines. certainly it is usual that the president gets picked a cabinet. it is certainly republicans will have their questions. megyn: just a little bit of information on the fashion on the president and first lady's daughters. malia obama is wearing a j. crew ensemble and sasha obama is wearing a kate spade ensemble. >> the ladies at home are with me and they care. hillary clinton has some new glasses which we should remark upon. we will talk about the first lady who also be wearing some j. crew a little bit later. it can go to j. crew and look at the first lady. here is the second lady right here. let's che
of course, the debt ceiling in that debate will be hanging over those hearings. john kerry coming in, nominee for secretary of state. as chris mentioned, hillary clinton will be testifying on capitol hill, both the house and senate leader on benghazi. a lot of lingering questions on now. finally coming you mentioned chuck hagel as well. a lot of questions for him and his stance towards iran and israel. he has already asked so many of those questions on the sidelines. certainly it is usual that...
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Jan 17, 2013
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to take you back not to the fiscal cliff but the debt ceiling issues that the republicans do seem to be going soft on. i do think one of the reasons why they went soft was because traditionally republican lobbying groups were coming out. i wonder if there are traditionally republican groups like law enforcement organizations, the police associations who might tend to be conservative, if they came out strong and spoke if the faith community came out strong and spoke, they may shake a little bit. let's talk about senator cruise thinks is going to happen as a result of the gun debate. >> i think the consequence i think he's going to pay a serious political price. and i think the price that's going to be paid on this is going to manifest in senate races in 2014. >> jennifer: so your take on that. he's flipping that argument on its head. he thinks it will benefits republicans rather than cause them to lose seats. >> no, i don't see that. but the democrats and the obama organizations, they really have to get out the vote for 2014 it has to be impressed on democratic and progressive voters
to take you back not to the fiscal cliff but the debt ceiling issues that the republicans do seem to be going soft on. i do think one of the reasons why they went soft was because traditionally republican lobbying groups were coming out. i wonder if there are traditionally republican groups like law enforcement organizations, the police associations who might tend to be conservative, if they came out strong and spoke if the faith community came out strong and spoke, they may shake a little bit....